Auto Belch

Vehicle sales in North America...

Vehicle sales in North America slowed significantly in September as consumer confidence started to escape.Annual sales drop from 17mln to 16.3m-16.4m vehicles this year.So the largest automakers are going to use some financial shifts. For example GM will offer "zero per cent" loans of up to five years on most new 2003 passenger cars and minivans.The fears of double dip recession become the reality. GM?s sales fell 12.7 per cent in September. Ford sales fell 5 per cent.Chrysler reported an 18 per cent rise in US sales on strength in its Dodge brand.Ford also said its market share had risen to 22 per cent in the US, the highest level so far this year.